Den of the Cyphered Wolf

Monday, March 21, 2011

The Budget 2.5: State Style

Okay so yesterday or today depending if you're a print or online guy, The Free Press rolled out an article about Michigan, Governor Snyder's proposed budget. I'll write something longer in a bit but here is the gist of it.

Here are some of the big things that I want to talk about.
1. The cuts - And boy howdy are there a lot of them.
2. He wants to get rid of the Michigan Business Tax and replace it with a 6 percent corporate income tax.
3. He wants to Tax pensions.
4. He wants to allow citizens to be able to get a better look at government performance through a website called Michigan Dashboard.
5. He wants to eliminate business tax credits.
6. He wants to reform revenue sharing, which distributes money to municipalities, townships, etc., through an incentive based program.
7.He wants to reform how the state handles retired public employee benefits.

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